[Football] Chrystal Palace for sale. £750 million valuation apparently:

[carlzeiss]

Alan Mullery's valuation at the infamous FA cup replay at Stamford Bridge in '76 seemed pretty fair ,allowing for inflation I'll offer £6.45

 

[LamieRobertson]

Is it on EBay? They have an offer re selling fees this weekend

 

[portslade seagull]

I think they need the estate agent back to reevaluate. Think they missed the decaying falling down stands and have overpriced the championship players

 

[Weststander]

General inflation was barely anything until a couple of years ago. More specifically it highlights how much of a rip off any building project has become. Or it may highlight how attractive the PL is to anybody needing money laundering.

Any yet companies that build the stands make tiny margins, especially on unique projects and go bust (Buckingham Group). There’s no rip off, materials (global markets), professionals and specialist trades are all expensive in a very expensive part of the world.

 

[Weststander]

Not sure quite how it works, but Selhurst Park is an asset of a separate company to CPFC2010 I believe, so not sure if its included in the £750M valuation.

Ownership changes are always of the parent company alone, so it would include everything.

 

[The Antikythera Mechanism]

Imagine being a Palace fan, winning £150m on Euro Millions and finding out that it would only buy you a 20% stake in the club

 

[Triggaaar]

I hear Dai Yongge is looking for a new challenge

 

[Eeyore]

I'm out!!

I'm happy to go to £1.34.

I have a consortium and we think that is fair value.

 

[Triggaaar]

What's the reaction to this on the Palace forum?

 

[banjo]

 

[Seasider78]

Must be all that shrewd investment on and off the pitch that is driving that huge valuation.

If someone buys that shambles for anywhere near that can we get their number as I have a load of magic beans to offload.

 

[Weststander]

I’d love too see Parish on Dragons Den.

“I want £170m for 24% of my loss making business idea. And yes, we’ve worldwide trademarks on CPFC”.

 

[Brok]

What's the reaction to this on the Palace forum?

No reaction Trigg. I think they're all busy enjoying the weekend off.

 

[The Grockle]

It certainly highlights how high inflation has risen

I believe the cost of construction has gone up a huge amount over the last few years.

Our near neighbour got planning permission for a two story side extention and small single story rear extension before covid, it was due to cost somewhere in the region of 90k its now almost complete and is costing almost 170k and they have made changes to spec to bring the cost down. They were going to shelve their plans but house prices have gone up 20% in two years in our area so moving wasn't an option to upsize.

 

[Lewes Punk]

Tony Bloom should buy them. He could run them in the Isthmian league as a feeder club for our under-21s.

 

[FatSuperman]

I’d love too see Parish on Dragons Den.

“I want £170m for 24% of my loss making business idea. And yes, we’ve worldwide trademarks on CPFC”.

“The key thing for a trademark Steve, is that you have to successfully defend it - have you done so?”

“Thats the best bit Peter! We’ve never had to as nobody has ever tried to infringe!”

 

[inland seagull]

Selhurst Park is another turd that you cannot polish

 

[Weststander]

“The key thing for a trademark Steve, is that you have to successfully defend it - have you done so?”

“Thats the best bit Peter! We’ve never had to as nobody has ever tried to infringe!”

“It’s for that reason [and many others], I’m out”.

 

[A mex eyecan]

“The key thing for a trademark Steve, is that you have to successfully defend it - have you done so?”

“Thats the best bit Peter! We’ve never had to as nobody has ever tried to infringe!”

i expect though that copyright to the lyrics from their songs must be worth an extra 50p, what with all that wooo ing and woah ing.

 

[giveusfalmerplease]

Let Elon musk buy them with his spare change then close the club and build a new tesla factory there.